Credit cards – Investment Executive https://www.investmentexecutive.com Canada's news source for financial professionals Thu, 18 Apr 2024 18:32:03 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://www.investmentexecutive.com/wp-content/uploads/sites/3/2018/01/cropped-favicon-1-32x32.png Credit cards – Investment Executive https://www.investmentexecutive.com 32 32 Household debt climbs higher: StatsCan https://www.investmentexecutive.com/news/research-and-markets/household-debt-climbs-higher-statscan/ Thu, 18 Apr 2024 18:32:03 +0000 https://www.investmentexecutive.com/?p=484285 Mortgage borrowing accelerates, while other sources of debt growth slow

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]]> Fairstone Bank, Home Trust to merge https://www.investmentexecutive.com/news/industry-news/fairstone-bank-home-trust-to-merge/ Tue, 26 Mar 2024 16:31:33 +0000 https://www.investmentexecutive.com/?p=482737 Combined company will have more than two million customers with more than 250 branches

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]]> Household debt continues to swell: StatsCan https://www.investmentexecutive.com/news/research-and-markets/household-debt-continues-to-swell-statscan/ Thu, 21 Mar 2024 18:18:07 +0000 https://www.investmentexecutive.com/?p=482467 Credit card balances rise as mortgage growth slows

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]]> Big bank earnings challenged by expenses: Fitch https://www.investmentexecutive.com/news/research-and-markets/big-bank-earnings-challenged-by-expenses-fitch/ Fri, 01 Mar 2024 19:33:19 +0000 https://www.investmentexecutive.com/?p=481400 Upfront spending weighs on banks' bottom lines, despite revenue growth

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]]> Households’ struggle with credit cards grows: Fitch https://www.investmentexecutive.com/news/research-and-markets/households-struggle-with-credit-cards-grows-fitch/ Thu, 22 Feb 2024 19:00:45 +0000 https://www.investmentexecutive.com/?p=480897 Delinquencies, charge-offs rose in Q4 as financial stress intensified

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]]> U.S. household debt rising: Moody’s https://www.investmentexecutive.com/news/research-and-markets/u-s-household-debt-rising-moodys/ Mon, 12 Feb 2024 20:28:22 +0000 https://www.investmentexecutive.com/?p=480390 Robust consumer spending is fuelled by credit growth, report says

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]]> Rep banned after misappropriating money from client https://www.investmentexecutive.com/news/from-the-regulators/rep-banned-after-misappropriating-money-from-client/ Tue, 30 Jan 2024 21:37:49 +0000 https://www.investmentexecutive.com/?p=479525 SRO panel found the rep opened banking products, including a line of credit, in the client's name

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]]> Credit card debt rises as household borrowing slows https://www.investmentexecutive.com/news/research-and-markets/credit-card-debt-rises-as-household-borrowing-slows/ Fri, 17 Nov 2023 17:35:57 +0000 https://www.investmentexecutive.com/?p=475571 HELOC balances declined, mortgage growth slowed in September

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]]> Credit card debt pressures intensifying: Fitch https://www.investmentexecutive.com/news/research-and-markets/credit-card-debt-pressures-intensifying-fitch/ Mon, 13 Nov 2023 20:55:51 +0000 https://www.investmentexecutive.com/?p=475215 Amid higher interest rates, rising debts, payment struggles surge

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]]> Citi sanctioned by CFPB for discrimination https://www.investmentexecutive.com/news/from-the-regulators/citi-sanctioned-by-cfpb-for-discrimination/ Wed, 08 Nov 2023 20:08:27 +0000 https://www.investmentexecutive.com/?p=474811 Bank allegedly denied credit to customers of Armenian descent

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